Apple Financial News

Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own tweets endorsing an antisemitic conspiracy theory

The U.S. Food and Drug Administration is screening imports of cinnamon from multiple countries for toxic lead

WhatsApp has chosen the Mercedes Formula One team for its first entry into sports sponsorship

Elon Musk endorsed an anti-Semitic post on X that claimed «members of the Jewish community were stoking hatred against white people.» While news website Axios reported that Apple is pausing its advertisements, Bloomberg reported Lionsgate's move.

(Reuters) — Lions Gate Entertainment has suspended advertising on Elon Musk-owned X, a spokesperson for the company said on Friday.

Fallout from an Elon Musk post endorsing Anti-semitic views continues to spread, prompting a rebuke from the White House and criticism from Tesla Inc. investors as advertisers flee his social media platform, X.

Analysts at Wedbush told investors in a note Friday that the tech year-end rally has begun.

White House has issued a response to Elon Musk's recent amplification of a Twitter post that allegedly propagated an antisemitic conspiracy theory. White House spokesman Andrew Bates stated that repeating the appalling falsehood associated with the most egregious act of antisemitism in American history is unacceptable, especially just one month after the deadliest day for the Jewish people since the Holocaust. Bates was specifically referencing the 2018 Tree of Life synagogue shooting in Pittsburgh and the October 7 Hamas attack on Israel. Bates added that White House condemns the abhorrent promotion of antisemitic and racist hate in the strongest terms, which runs against the core values of Americans.” “You have said the actual truth,” Musk responded.

Investing.com -- U.S. stock futures point into the green following a mixed session on Wall Street, as traders pour through a raft of economic figures this week. Gap's (NYSE:GPS) quarterly profit tops estimates, sending shares soaring premarket, but the retailer joins peers Target (NYSE:TGT) and Walmart (NYSE:WMT) in flagging some caution over consumer spending heading into the holiday shopping season. Elsewhere, Chinese tech shares plummet after Alibaba (NYSE:BABA) scraps a planned spin-off of its cloud intelligence unit.

graphene thermal system for the upcoming iPhone 16 lineup. Moreover, the report adds that the Pro model from the iPhone 16 lineup might incorporate metal battery casings in order to avoid overheating issues. Previously, Ian Zelbo from 9to5Mac had reported issues with high temperatures.

Apple said in a statement that later next year they will be adding support for RCS Universal Profile which is the standard as per the GSM Association. “We believe RCS Universal Profile will offer a better interoperability experience when compared to SMS or MMS. This will work alongside iMessage, which will continue to be the best and most secure messaging experience for Apple users," told Apple to the publication.

Luxshare’s move to make investments in Vietnam is a result of many failed attempts to expand its operations in India. Those who do not know, Luxshare is Apple's primary supplier for AirPods and could be an upcoming supplier for iPhones. As per the reports from the publication, the company now aims to shift their investment worth $330 million to Vietnam's northern province of Bac Giang.

Apple plans to improve texting between iPhone and Android devices by adopting the Rich Communication Services (RCS) standard. This feature, a company spokesperson told 9to5Mac, will work alongside iMessage, Apple's native messaging service.

Apple announced late Thursday it will adopt RCS (Rich Communication Services) messaging standard, which will be enabled via a software update “later next year”, enabling a vast range of iMessage-like features for messaging between iOS and Android users. The development comes after London-based tech brand Nothing announced an app to bridge the gap between the two sets of users, and amid pressure from competitors like Google and regulators. “Later next year, we will be adding support for RCS Universal Profile, the standard as currently published by the GSM Association. We believe RCS Universal Profile will offer a better interoperability experience when compared to SMS or MMS.

Nasdaq managed to eke out tiny gains on Thursday while the Dow Industrial Average ended slightly lower with pressure from tech and retail bellwethers Cisco and Walmart after disappointing forecasts. Shares of Cisco Systems tumbled 9.8% as the communications and networking technology company cut its full-year revenue and profit forecasts on slowing demand for its networking equipment. Also in technology, Palo Alto Networks shares fell 5.4% after its forecast late Wednesday for second-quarter billings missed expectations. Walmart shares sank 8.1% a day after touching a record high.

Google. The company is accused of monopolistic practices in the online search sector. The U.S.

(Reuters) — IBM (NYSE:IBM) on Thursday said it had immediately suspended all advertising on Elon Musk-owned X after a report found its ad were placed next to content promoting Adolf Hitler and the Nazi Party.

TikTok and Meta are filing legal challenges against new European Union rules designed to counter the dominance of digital giants and make online competition fairer by giving consumers more choice

Pancake Pantry owner Chip Bradley and restaurant patrons speak to FOX Business' Madison Alworth about still feeling the brunt of decades-high inflation.

BlackRock Inc.’s Larry Fink and Stephen Schwarzman of Blackstone Inc. were among the top US executives seated at President Xi Jinping’s table at an exclusive dinner in San Francisco, where the Chinese leader pitched his nation as a positive force for world peace.

console can receive a complimentary six-month subscription to Apple Music. This offer is exclusive to individuals who haven't previously explored Apple's streaming service, while returning subscribers can still enjoy five months of free access. To activate the free subscription, all you need is a PlayStation 5 and your Apple ID.